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- Description
- Property Details
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- Facts & Features
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Street View
$429,000
Monthly Est:$2,135
4 Beds
5 Baths5 full baths
2,337sqft
1027 Nelchina St, Anchorage, AK 99501
$429,000
$2,135/moEst:
Get Pre-Approved
Multi Family
Built in 1953
$-- HOA
7,000 sqft lot
$184/sq.ft
Description
Fully occupied 5-plex offering immediate rental income in a convenient Anchorage location! All five units are currently rented, generating $4,680/month and $56,160 in gross scheduled annual income. Several units have been updated in recent years, including remodeled Units 2 and 5 and additional improvements to Unit 4. Property offers off-street parking, individual unit entrances, and a long history as an income-producing property.
Current rents are $880, $1,100, $850, $850 and $1,000 per month, providing an investor with established income from day one while offering potential future upside as units turn over and rents are adjusted over time.
An excellent opportunity for an investor looking for an established multifamily property with 100% occupancy and value-add potential in the Anchorage market.
Buyer to verify all information, including rents, leases, expenses, zoning/use, financing eligibility and Letter of Non-Conforming Rights.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 15, 2026 at 7:26 pm
- Listing Provided by: James Cash (907) 360-7448 DRE #18690 | Real Broker Wasilla (907) 360-7448
- Source: Alaska MLS-AK | MLS#: 26-11445
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
--
City
Neighborhood
Year Built
1953
HOA Fees
-
Finished Area
2,337 sqft
Lot Size
7,000 sqft lot
Basement Area
- sqft
MLS Name
Alaska MLS
MLS Number
26-11445
MLS Status
Active
Days on Market
48
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Interior
Sewer
Public Sewer
Heating
Baseboard, Natural Gas
Construction
Year Built
Year Built: 1953
Home type
Multi Family
Roof
Unknown Btv
Construction Materials
Wood Frame
Foundation Details
Unknown Btv
Utilities & Energy
Water Source
Public
Parking Features
None
Other Features
Lot Features
Level
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Listed for Sale | $429,000 $184/sqft |
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Based on information from Alaska MLS through Oct 22, 2026, 10:00AM but not compiled or published by Alaska MLS. Data maintained by Alaska MLS may not reflect all real estate activity in the market. Listing content is believed accurate but not guaranteed. The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Congress Realty Inc. are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. The information or data used in this publication is copyrighted by Alaska MLS 2024 and no portion may be reproduced, redistributed or retransmitted without the express permission of Alaska MLS. Further, Alaska MLS does not warrant the accuracy of the information or data contained herein.© 2026 Alaska Multiple Listing Service Inc. All rights reserved.
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